AI assistant
GLOBAL MASTERS FUND LIMITED — Net Asset Value 2013
Mar 12, 2013
64981_rns_2013-03-12_1845c2cb-fb9f-4eb9-b35d-3d61d2b948d9.pdf
Net Asset Value
Open in viewerOpens in your device viewer
10 March 2013
==> picture [260 x 98] intentionally omitted <==
Company Announcements Office Australian Stock Exchange Exchange Centre Level 6 20 Bridge Street SYDNEY NSW 1215
Net Tangible Asset Backing at 28 February 2013
The unaudited NTA of the Company was as follows:
| Before estimatedtax on unrealisedgains | After estimatedtax on unrealisedgains | |
|---|---|---|
| at 28 February 2013 | 107.08 ¢ | 106.82 ¢ |
| at 31 January 2013 | 101.70 ¢ | 101.70 ¢ |
The increase in the NTA between the end of February 2013 and the end of January 2013 was due to an increase in its investments in Berkshire Hathaway (BRK) and Flagship Investments Limited (FSI), in addition to a weakening Australian Dollar against the United States Dollar. The strengthening of the Australian Dollar against the British Pound during February 2013 absorbed a portion of the month’s foreign exchange unrealised gains.
The net result was an increase in the net asset backing (NAV) per share at 28 February 2013 compared with NAV at 31 January 2013.
For further information please call the Company Secretary on 1300 552 660.
Yours faithfully,
GLOBAL MASTERS FUND LIMITED
==> picture [63 x 46] intentionally omitted <==
Brian Jones
Company Secretary
Global Masters Fund Limited ABN 84 109 047 618
Tel: +61 1300 552 660 Fax: +61 2 8815 5401 Email: [email protected]
Level 1 12 O’Connell Street Sydney NSW 2000 Australia